Pivot: 19.50
Our preference: LONG positions above 19.5 with 20.5 21 as next targets.
Alternative scenario: The downside penetration of 19.5 will call for a slide towards 19.1 18.6.
Comment: the RSI broke above a declining trend line.
Trend: ST Ltd downside; MT Ltd downside
Key levels Comment
21.5 Intraday resistance
21 Intraday resistance
20.5 Intraday resistance
20.143 Last
19.5 Intraday pivot point
19.1 Intraday support
18.6 Intraday support
Copyright 1999 – 2013 TRADING CENTRAL